Facebook is back under the microscope for failing to stop the spread of fake news. Sara Fischer, media reporter for AXIOS, joins to explain how the big tech companies are, or are not, addressing the problem.
Fischer explains that Facebook is trying to address the problem by prioritizing local news content over other news sources. However, she wonders if that is enough considering during breaking news, like the school shooting that recently happened, misinformation is still shared.
There are still changes that need to be made. For example, Twitter and Facebook require authentification to cancel an account, but the same is not required to create an account.
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For 30 years Ira Galtman’s job has been to document how American Express went from an express stagecoach company in New York in 1850, to what it is today.
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After a few months of positive data, the Fed chair says he’s in no rush to cut rates – and this analyst says inflation could stick around for the near future.